Your Retirement Planning Experts

As Specialist Investment Advisers we can help make saving for your retirement as painless as possible

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Have you ever wondered why you sometimes hear about ‘Retirement Planning’ as opposed to just ‘Pensions’?

The reason is because a pension is just one part of a Retirement Plan. The four pillars of making provision for your retirement are;

  • State Pension
  • Private Pensions
  • Savings and Investments
  • Post retirement earnings

The state pension will form at least part of the solution for most retirees, however as we know it is modest in amount at €12,911 p.a. Many people believe that the state pension will reduce (in real terms) between now and their retirement and we believe that this is a reasonable assumption given it’s unfunded nature and pressure on the exchequer.

If you want to have a comfortable retirement and give up work fully, it is important that you contribute to a private pension. There are limits on how much of your contributions are allowable against income tax so depending on the amount you need to accumulate you may also make provision by investing outside a pension structure.

Much of the work we do involves advising clients on how much they need to contribute to a pension to achieve their income objectives in retirement. We can advise on all types of pension available in the Irish market.

In addition we often help people at the point of retirement by advising them how they can access their pension optimally, how much of their savings and investments they need to allocate to their retirement, and how to manage the investment.

As Specialist Investment Advisers our main focus will be on investment strategy. If you retain us to advise you we will schedule a 45 minute Zoom call with you where we will go through the following;

  • how the various asset classes work and the expected returns from each
  • volatility resilience
  • the risks inherent in investing and methods for reducing risk which are different depending on whether you are a pension saver (pre-retirement) or have gone into drawdown (post-retirement)
  • recommended investment strategy for you

Contact us today on 01 546 1100 for a no obligation discussion or book a 15 minute video call with us here.

Read some of our recent articles in publications such as The Sunday Times and Business Post by clicking on this image.

If you are concerned about selecting an adviser via the internet, we suggest that you watch this video. We also provide a number of suggestions here about how you could get comfort that we are the right adviser for you.

BOOK A FREE NO-OBLIGATION CHAT 

We’re operating as normal during Covid. Contact us now for a free no obligation chat;

By Telephone 01 546 1100
Use the Form on this Page
Book a Zoom call with us here.
Happy to start the process? Click here to complete a factfind and tell us your objectives
The material and information contained on this website is for general information purposes only. Neither the writer nor Highfield Financial Planning Ltd makes any warranty as to the completeness, accuracy or reliability of the information or the suitability or availability of products or services, referred to on the website, for any purpose. You should not rely on any information contained on this website as a basis for making any financial, legal, taxation or other decision. The information presented does not include all the considerations which are relevant to the topic discussed as to do so would render it un-readable. When considering any financial issue you should seek the advice of a suitably qualified adviser.

BOOK A FREE NO-OBLIGATION CHAT 

We’re operating as normal during Covid. Contact us now for a free no obligation chat;

By Telephone 01 546 1100
Use the Form on this Page
Book a Zoom call with us here.
Happy to start the process? Click here to complete a factfind and tell us your objectives
The material and information contained on this website is for general information purposes only. Neither the writer nor Highfield Financial Planning Ltd makes any warranty as to the completeness, accuracy or reliability of the information or the suitability or availability of products or services, referred to on the website, for any purpose. You should not rely on any information contained on this website as a basis for making any financial, legal, taxation or other decision. The information presented does not include all the considerations which are relevant to the topic discussed as to do so would render it un-readable. When considering any financial issue you should seek the advice of a suitably qualified adviser.

About Highfield Financial Planning

We provide superior advice on Financial Planning services to business owners, professionals and their families. The principal of the firm Eoghan Gavigan has over 25 years’ experience in banking and finance across Treasury, Lending and Wealth Management and is a Qualified Financial Adviser (QFA) and a Certified Financial Planner (CFP). The CFP qualification is the world’s most respected industry designation, held by only a select number of advisers. As Specialist Investment Advisers we can provide you with detailed investment advice on your pensions and investments.

We want you to be comfortable in your dealings with us. We provide a number of suggestions here for ways that you may be able to obtain comfort that we are the right Financial Planner for you.

Our Process

1

Establishing the client-planner relationship

Explain the services that will be provided and the process as well as the remuneration structure.
2

Pre-planning and data gathering

Completion of the financial factfind and queries on same, as well as obtaining information on any existing financial products. Agreeing the financial objectives and timing. Discussion of investments and assets classes and assessment of your attitude, tolerance and capacity for risk.
3

Analysis and identification of financial problems

Establish your current situation and analysis of your objectives. A financial problem is when the figures indicate a deficit of resources. Formulation of solutions for same.
4

Develop and present the financial planning recommendations

Devising the financial planning recommendations. Discussion of the recommendations and revision if necessary.
5

Implementation of agreed-upon recommendations

Implementation of the agreed upon recommendations by client and planner, coordinating the process with other professionals such as accountants, tax advisers or solicitors.
6

Ongoing actions and review

Diary actions for future implementation, as well as the timing of the review and pre-work.

Why We Changed Our Business To Focus On Financial Planning

Having been involved in Financial Services for over 25 years our experience is that most people feel that they aren’t well served by the traditional financial advice model. Commission based sales creates a huge conflict of interest as in order for a financial adviser to be paid for his work he must sell you a financial product.

Many people who approach us for financial planning services tell us that they feel that what they have been getting is sales, and they want advice.

Our most successful clients use Financial Planning to manage their finances and accumulate wealth. Studies have shown that people who engage in Financial Planning are more on track with their financial affairs and have higher net worths.

Who Is Financial Planning Suitable For?

  • You own your own home or are planning to purchase a home soon
  • You have surplus income (although you may well feel that it is not being used optimally)
  • You may have financial products (pensions, life assurance, investments etc) but they were sold to you by someone who had a target to achieve
  • You are interested in developing a cohesive plan to achieve your financial objectives

I would highly recommend Eoghan to anyone looking for expert financial advice. From my first meeting with Eoghan, the level of service has been exceptional. He's extremely knowledgeable, very patient and explains things in way that you can easily understand. I'm delighted with the product he found for me and I hope to be a client of his for years to come.

Gareth M21/9/2020

Excellent service provided by Eoghan since I took the decision to take my pension out of the Banks and use a financial advisor to help me maximise incomes from the market. He is always attentive and quick to offer current valuable advice. Happy to recommend Eoghan to anyone interested in getting sound financial advice.

Niall Hearn2/3/2020

For pensions and advice, Eoghan is an expert, professional and thorough. He has a knack for explaining and summarising this important and complex subject in layman's terms. This helps enormously, making you comfortable that you are making the right financial choices for you. He is also a patient and nice guy to deal with.

Bill Glennon18/9/2019

As well as advising me on the performance of my existing personal pension & arranging life insurance policies, Eoghan is also now overseeing our business needs. So far, he has implemented an employee pension scheme & is advising on corporate co-director & key-person insurance. I have found him to be exceptionally knowledgeable and honest and wouldn't hesitate in recommending him to others for either business or personal pensions/investments etc.

Dawn Richardson10/10/2019

We first met when i was made redundant and needed help with moving my pension. Since then, he has advised me on my life insurance policy for my mortgage and helped me to get a much better deal than I had with my bank. He is extremely helpful and I can ask him anything without feeling like it's a stupid question!

Rachel Egan1/2/2020

Want to hear more?

Make contact today and we’ll explain the benefits of lifestyle financial planning.
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